Simple financial analysis & investment research


Adobe Financials Q3 2014

by January 6, 2015
Adobe Financials Q3 2014

Charts for: – sales, costs, margins, earnings – current assets, long-term assets, liabilities, debt, equity – cash flows from operations,…


Adobe Financials Q2 2014

· by July 30, 2014
Adobe Financials Q2 2014

Charts for: – sales, costs, margins, earnings – current assets, long-term assets, liabilities, debt, equity – cash flows from operations,…


Adobe Financials Q1 2014

· by May 5, 2014
Adobe Financials Q1 2014

Charts for: – sales, costs, margins, earnings – current assets, long-term assets, liabilities, debt, equity – cash flows from operations,…


Adobe Financials Q4 2013

· by February 28, 2014
Adobe Financials Q4 2013

Charts for: – sales, costs, margins, earnings – current assets, long-term assets, liabilities, debt, equity – cash flows from operations,…


Adobe Financials Q3 2013

· by October 24, 2013
Adobe Financials Q3 2013

By some mystery, our analysis for Adobe (ADBE) remained unpublished on this site. We are releasing it now, one month later.
Our speculation at Q1 and S2 reports appears to confirm: product sales plunged, and subscription revenues lag significantly.
Read previous reports for details.


Adobe Financials Q2 2013

· by June 19, 2013
Adobe Financials Q2 2013

Strong results for Adobe in Q2 2013? Really? The charts here say otherwise.
Sales flat QoQ, down YoY; OPEX maintain high, on behalf of net income which stays low.


Adobe Financials Q1 2013

· by May 22, 2013
Adobe Financials Q1 2013

From cash cow to dog: milking the digital cash. The king of digital publishing is fully milking the glory of owning the top web and desktop publishing platforms. Some me-too innovation in licensing model (subscription instead of license acquisition) may actually turn against Adobe. Significant innovation lacking, sales are down, costs are up, and margins eroded fast. In real terms, inflation-adjusted, revenues are going down even faster.